The Israel-Hamas war could have a significant impact on economic growth and inflation in the euro zone […]
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Unemployment among Hispanic workers rises at faster pace in October than overall rate
The labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than […]
Bad news for the economy is good news for the stock market … as long as it doesn’t get too bad
Friday’s market reaction to the jobs report comes down to a simple premise: bad news […]
Here’s where the jobs are for October 2023 — in one chart
The October jobs report showed a cooling labor market in the U.S., with many sectors showing minimal […]
Central banks look to have hit peak rates. Here’s how markets think they’ll come down
The world’s major central banks paused their interest rate hiking cycles in recent weeks and […]
Fed’s Goolsbee says ‘golden path’ of a huge drop in inflation without a recession is still possible
Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table […]
Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions
The consumer took a spending break ahead of the holiday season, with October retail sales, […]
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points […]
Inflation was flat in October from the prior month, core CPI hits two-year low
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly […]
Wholesale prices fell 0.5% in October for biggest monthly drop since April 2020
Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that […]